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The Australian dollar weakened against the US dollar on Friday, erasing the prior session's gains. Investors reacted to a 25% US auto import tariff signed by Trump and to reciprocal tariffs planned for April 2.
A Reuters poll showed economists expect the RBA to hold its cash rate at 4.10% in April.
Expanding US tariffs and a stronger dollar tend to pressure the AUD and can shift Australian export competitiveness and commodity pricing in dollar terms.
fxstreet.comAkhtar FaruquiMar 28, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
